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Author Topic: If you have some BTCs, why not have some Gold too?  (Read 3479 times)
MFahad
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September 08, 2017, 06:14:51 AM
 #61

I have bitcoins, but i have no Gold. Many reasons, that i have no hold the gold, Firstly, i don't know how to do business with gold.
And the others, i am online investor so i choose bitcoin. To deal with bitcoin is not a difficult thing.
Only buy bitcoin is lowest price and hold it as you like long or short time, both time periods give you profit.
But in gold, i don't know how to deal.

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September 08, 2017, 06:20:59 AM
 #62

No matter what others say about gold, this is still one of the best investments you can ever have. The challenge is where to buy it legally and where to safely store it. I would love to have some gold too, even a few ounces would do, and then store them for a long time and watch how much it would grow in value compared to bitcoin. Would be nice to find out how both gold and bitcoin fare twenty or thirty years from now.
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September 08, 2017, 06:34:43 AM
 #63

if you have extra money you can buy bitcoin   gold and $


bitcoin best way

gold you must be rich

$  need to pay more
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September 08, 2017, 07:14:04 AM
 #64

Because in my opinion, bitcoin is very easy to use, safe, low transaction costs and very easy to trade.
As for gold, the risk of loss is very high and prices tend to slow down in line with economic stability.
So for investors definitely prefer bitcoin, because they want a quick profit, while the process of gold profits is slow enough for investors to generate profit.
Bitcoin is much easier to trade than gold.
I think both are very good for investment, depending on ourselves want to choose bitcoin or gold.

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September 08, 2017, 07:22:41 AM
 #65

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" ---  Executive Order 6102 is a
United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the
Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order..
*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it?

The government can also issue an executive order to confiscate all Bitcoins, if they choose to do so.

Would you give your Bitcoins? Probably not. Would you give your gold? Only if you choose to do so.
Not everyone gave up their gold in 1933, even though owning gold was illegal.

Would you give up your bitcoins if by law you will face capital punishment for this?
It all depends on the punishment you're facing.
Besides, you were allowed to own 5 or 6 oz so a lot used this to hide a few oz in the family so eventually you could own almost a kilo of gold legally.

Also I don't think there are that many people who don't have even a bit of gold.
Golden rings are a custom for marriage in a lot of places.

But gold bars... I don't know a single person in RL who owns or has told others (big difference) he owns gold bars.


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September 08, 2017, 07:44:02 AM
 #66

if you have extra money you can buy bitcoin   gold and $
bitcoin best way
gold you must be rich
$  need to pay more

you don't really have to be rich to buy gold though!
it can be a simple ring for your finger or a small necklace. or where I live there are these special gold coins that are issued by the central bank and are fully trusted. there are different types and the smallest one is pretty cheap and anyone can easily buy it. I believe similar things are available in other countries too. you can buy those for a small amount of money!

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September 08, 2017, 07:48:03 AM
 #67

yess, they are beautifull
i i save my money to buy gold, for long invest. and bitcoin for short.
so i have deposit for future, its gold.
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September 08, 2017, 08:31:09 AM
 #68

They all beautiful.

I agree with that,......but yes, they are so beautiful bro.


Yes, We know when the nature of society becames more and more ugly, the Bitcoin and Gold feels more and more gentle and beautiful.
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September 08, 2017, 08:34:29 AM
 #69

Although, I don't own any ouce of bit of gold currently but would like to hold one not because its better but because there is nothing wrong in diversification of investments. But the issue is that its probably a digital asset because I don't know if anyone have a tab of physical gold so there is no much difference between it and bitcoin after all.
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September 08, 2017, 08:41:27 AM
 #70

There are some reasons why NOT to gold. First is its availability. You know, it's not as easy to get gold as you think. Gold nowadays are considered RARE. Second is its accesibility. You can't just pick a gold anywhere, unlike bitcoin which can be access through the use of computers and smartphones. Most people even consider bitcoin as the gold of the modern age.
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September 08, 2017, 08:49:02 AM
 #71

They all beautiful.

I am sure that in terms of physical beauty gold is much better than Bitcoin and you can show gold to others especially if they are already minted as jewelries. However, since gold is physical it can be bulky keeping and transferring them that's why we now prefer the new old -- the digital currency like Bitcoin.

Of course, if really have the money and if there is a more accessible way to invest in gold,  I might also be interested with that since it is good to spread our eggs in many baskets. Both are also considered as the safe haven with Bitcoin now also sharing the title.
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September 08, 2017, 09:47:48 AM
 #72

They all beautiful.

I am sure that in terms of physical beauty gold is much better than Bitcoin and you can show gold to others especially if they are already minted as jewelries. However, since gold is physical it can be bulky keeping and transferring them that's why we now prefer the new old -- the digital currency like Bitcoin.

Of course, if really have the money and if there is a more accessible way to invest in gold,  I might also be interested with that since it is good to spread our eggs in many baskets. Both are also considered as the safe haven with Bitcoin now also sharing the title.
For more useful and guaranteed savings ,i still prefer having btc. Since it's more convenient to have and can have anytime anywhere, gold were too pleasing in the eyes and are prone for danger
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September 08, 2017, 10:00:27 AM
 #73

They all beautiful.

All that shines is only Bitcoins, gold was one upon a time a most sought commodity and it was very rich rewarding commodity but it's not anymore, over the years it's slowed down and these days it feels like it's dragging your portfolio down, while on the other hand Bitcoin is just increasing in value and has surpassed all other available commodities and stocks, gold could never have given such stellar returns. So that's why gold should not be part of the portfolio.

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Sidas_Crew669
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September 08, 2017, 10:11:26 AM
 #74

They all beautiful.

It is so easy to do that if you have plenty of money to buy Gold and invest some of your money to Bitcoin then this is the real deal and wonderful of your wealth. But if you are just to invest your money to make a profit in the future I guess it is worth investing for Bitcoin more than Gold, as we all know the potential of Bitcoin compare to Gold.

For all the things that we know together that bitcoin and gold also have levels of outstanding value, and they all have different values depending on how we do it. one of the things that we do have to understand of all the things there that we had to pick some things that indeed be the place to realize all that we want. Bitcoin is indeed suitable for short term gains, but also suitable for the long term. So is gold, but gold is much better used for the long term. It all depends on how we want it.
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September 08, 2017, 10:18:58 AM
 #75

They all beautiful.


most people cant possibly buy some gold because gold is alot expensive and its not easy to get, you need to process some documents or etc just to have it. but bitcoin is a hell lot easier to obtain all yo gotta do is to go online and you can get it on any ways, also bitcoin does not require more stuff or process just to purchase it and bitcoin is still better than gold because its easier , faster and more ways of getting it plus no one controls or hold it  and you can also mine it just like gold , although gold is physical.
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September 08, 2017, 10:19:39 AM
 #76

They all beautiful.


most people cant possibly buy some gold because gold is alot expensive and its not easy to get, you need to process some documents or etc just to have it. but bitcoin is a hell lot easier to obtain all yo gotta do is to go online and you can get it on any ways, also bitcoin does not require more stuff or process just to purchase it and bitcoin is still better than gold because its easier , faster and more ways of getting it plus no one controls or hold it  and you can also mine it just like gold , although gold is physical.
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September 08, 2017, 10:21:13 AM
 #77

because if the investment in bitcoin can be turned to get a profit with a price that can be monitored movement, and the market is crowded. if gold, can not directly and handly.

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September 08, 2017, 10:25:32 AM
 #78

Gold and Bitcoin was good have .Compared to gold, bitcoin easy for trade and uses it as a payment method but gold is a good way to invest something in stable. Well it depends on the person
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September 08, 2017, 10:25:57 AM
 #79

They all beautiful.

Absolutely yes! Gold is an age old investment asset and also known for its stable price. So Gold has always been a preferred investment for many so safeguard their capital investment. However, instead of physical gold, I always preferred Gold ETF (exchange traded fund). Physical gold required secured place to store, probably a bank locker or something similar, so it requires a maintenance cost.  

On the other hand, Gold ETF is a de-materialized form of gold which can be stored in your demat account just like any other share certificate. And it can be sold in an exchange at any time. So it is also liquid in nature. So if you need an urgent cash, you can sell it in an exchange without paying any extra charges. So I prefer gold in ETF form for my capital investment security.

   
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September 08, 2017, 02:27:22 PM
 #80

I will, I will buy gold from the profit I get from bitcoin trading, because both are a good investment for the future, so why not?
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